• 81-unit Class A multifamily property located in downtown Lafayette
• 2021 construction totaling 71,562 residential square feet
• Approximately one mile east of Purdue University
• Modern studio, one-, two-, and three-bedroom units with contemporary finishes
• Potential conversion opportunity to furnished by-the-bed student housing
• Offered free and clear of existing financing and eligible for agency debt

NOVA

NOVA is an 81-unit Class A multifamily property located in downtown Lafayette, Indiana, approximately one mile east of Purdue University. Built in 2021, the property features modern studio, one-, two-, and three-bedroom units with contemporary finishes, in-unit laundry, stainless steel appliances, and secured building access.

Positioned in a dynamic downtown location with direct access to Lafayette’s dining, entertainment, employment, and transportation corridors, NOVA offers investors a newer-vintage multifamily asset with durable market fundamentals. The property also presents potential optionality for conversion to furnished by-the-bed student housing, supported by its proximity to Purdue University and the broader Lafayette-West Lafayette market.

Purdue University

Purdue University is a leading public research institution located in West Lafayette, Indiana. With Fall 2025 enrollment of 57,876 students, the university serves as a major educational, research, and economic driver for the Lafayette-West Lafayette market.

NOVA’s location approximately one mile east of Purdue University provides access to one of the Midwest’s strongest university ecosystems while also benefiting from downtown Lafayette’s growing base of dining, entertainment, employment, and transportation amenities.